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TDS Quarterly returns

Muhammed Ibrahim Badusha (64 Points)

17 July 2021

How can i pay rds return(Q4) late fee?
Should i pay late fee before tds return filing or after?

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12 Replies

Manish (CA) (1076 Points)
Replied 17 July 2021

You can pay online with a regular challan and mention amount in late fee field.

You should pay before so it can be included in TDS return rather than revising return later.

1 Like

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 17 July 2021

After Filing -You get intimation from the department about the number of late fees.

you paid the same with the challan through NSDL as the tax on regular assessment.

The amount is given on Sec.234 E-Late Fee Column.

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CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 18 July 2021

You can pay the late fees along with return filed with challan

Lotus Agrawal (Practice) (1356 Points)
Replied 18 July 2021

Pay under fees u/s 234E column. you can pay it before or after filing return. but if pay if after filing return then you need to revise your return.

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 18 July 2021

No revising return is applicable. Only pay the fine for late filing.

Revision applicable change in the deduction, PAN etc.

Lotus Agrawal (Practice) (1356 Points)
Replied 18 July 2021

You mean only paying the challan will off set the demand of late fees?

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 18 July 2021

Yea, Exactly -We do for many years.

Lotus Agrawal (Practice) (1356 Points)
Replied 18 July 2021

As per my knowledge you have to submit a online correction for setoff of the demand and I'm doing this from few years. Are you sure you have no outstanding demand for you late fees?

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 18 July 2021

Sir, After paying the same, after some days you check with the Traces.

There is no demand is shown

Late fee u/s 234e -Not related to quarterly return data.

Manish (CA) (1076 Points)
Replied 18 July 2021

Originally posted by : Balamurali Unnithan MS
	Sir, After paying the same, after some days you check with the Traces. There is no demand is shown Late fee u/s 234e -Not related to quarterly return data.